Ebooks Good News - Sort of

Those of you who enjoy the library’s ebook collection can rejoice – sort of. One of the large publishers, Hachette, which has the Little Brown and Grand Central lines, is now going to sell its books to libraries in the ebook format. Its entire catalog of 5,000 titles will be available for purchase, but here’s the catch. New releases will be sold at three times the retail price of the hardcover book, a license good for one year. 300% MORE THAN THE BOOK!!!! – then, after one year, the price will drop to the bargain basement price of one and a half times the book cost. This business model will also mean that we will have to purchase one volume for each reader- no simultaneous borrowing by several readers at a time.